Altcoins News and Insights

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Latest News

Judge rejects SEC’s plea to appeal loss in the Ripple lawsuit

The district judge overseeing the SEC vs. Ripple case has denied the SEC’s request to file an appeal after its monumental loss against Ripple Labs.

Polygon deploys Chain Development Kit to simplify L2 network creation

Polygon Labs has deployed its open-source Chain Development Kit to simplify the process of building ZK-powered layer-2 blockchains on the Ethereum network.

XRP momentarily hits $50 following relisting on Gemini

The price of Ripple surged to $50 shortly after crypto exchange Gemini relisted the altcoin on its platform.

Litecoin blockchain successfully completes third halving event

Litecoin’s third halving event occurred on August 2, causing the altcoin’s mining rewards to reduce to 6.25 LTC per block.

Ethereum founder cautions against Worldcoin’s authentication system

Ethereum founder Vitalik Buterin highlighted the major issues with the Proof-of-Personhood authentication system used by Worldcoin.

BNB Chain to add security updates with ZhangHeng hard fork

Binance’s BNB Beacon Chain will implement new security features in its upcoming ZhangHeng hard fork.

TRON founder refunds $56M TUSD transferred to Binance

TRON founder Justin Sun agreed to reverse a transaction involving $56M TrueUSD tokens sent to Binance after receiving a warning from the exchange’s CEO.

Ripple reports sale of $361M XRP tokens in Q1 2023

Ripple reportedly sold over $361M worth of XRP tokens in the first quarter of 2023. 

Polygon rolls out beta version of zkEVM on its mainnet

Polygon released its zero-knowledge Ethereum Virtual Machine (zkEVM) on its mainnet to increase the scalability of Ethereum-based smart contracts.

Cardano releases Dynamic Peer-To-Peer networking update

The Cardano blockchain deployed node version 1.35.6 on the mainnet to enable dynamic peer-to-peer (P2P) networking.

Solana undergoes second coordinated restart to fix network outage

Solana validators restarted the network a second time following a technical issue that slowed blockchain activity since Saturday.

Eclipse to launch Solana-compatible Polygon SVM

Eclipse announced its plans to release Polygon SVM, a Layer 2 blockchain that will allow Solana developers to port their dapps to Polygon without reconfiguring the applications to run on the Ethereum Virtual Machine.

Polygon cuts staff by twenty percent to consolidate

Polygon has reduced its staff by twenty percent, affecting about a hundred teammates. In addition, the firm has been consolidating multiple business units, and this was a necessary step, reiterating that its treasury is still healthy.

Helium announces date for migration to Solana

Helium has declared March 27 the official date for its migration to Solana and its deployment of Oracles. This significant upgrade will improve the network’s scalability and reliability. 

Polygon announces launch date for zkEVM Layer-Two

Polygon has announced that the launch date for the zkEVM Mainnet Beta is March 27. The zkEVM is an equivalent of the EVM, aiming to expand Ethereum’s scaling capabilities while providing faster and cheaper transactions.

TRON founder seeks to reduce withdrawal fees after fee hike on Binance

Justin Sun, the founder of TRON, announced that the firm is working with Binance to reduce the withdrawal fees on TRON tokens following a fee hike on Binance's platform.

Uniswap DAO votes to deploy third version on BNB Chain

Uniswap DAO has voted for the deployment of Uniswap v3 on the BNB chain. OxPlasma Labs will facilitate the deployment, and the Wormhole bridge will be used for cross-chain governance messaging.

Polygon Developers Propose Hard Fork To Address Chain Reorganizations And Gas Spikes

Polygon developers will launch a hard fork on January 17 to reduce gas spikes and chain reorganizations.